Whether you're looking to give or receive, web site Lottay makes the whole gift process much easier by combining the use of PayPal and wish lists.

Once registered on the site (it's required to send and receive), you can start a wish list, send a gift to a friend, or even just send them a suggested gift.

Wishing for a gift allows you to start a running tab of the items that you want. Enter the item's name, a short description, images (some are pre-loaded, but you have the option of uploading your own), and price and then you're all set. Once potential gift-givers are aware of your wish list, they can then choose to send you the full amount or a small chunk of the asking price. Lottay will then keep track how much you've earned toward the item. (Seems like a good way to ask for something big for your birthday, for example, that you'd never expect just one person to pony up for.)

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Giving a gift requires you to fill out the recipients information—first name, last name, and email address. After setting up your gift, the same way as a wish list item, you're then able to add an ecard with a personalized message. The confirmation screen is where you decide how you're going to send the "gift." Online options include PayPal or credit card while two snail mail options are offered—cash or personal check.